Culture
Hong Kong resumes currency intervention spree amid low rates
[HONG KONG] Hong Kong’s brief pause from defending its beleaguered currency proved to be short-lived, as the authorities were forced to buy local dollars for the third time in...
White House readies order to fine banks for dropping clients over politics: WSJ
The order authorises monetary penalties, consent decrees or other disciplinary measures against violatorsPublished Tue, Aug 5, 2025 · 03:42 PM[WASHINGTON] The White House is drafting an executive order that...
TSMC cracks down on potential trade secret breach, initiates legal action
Published Tue, Aug 5, 2025 · 02:37 PM[TAIPEI] Taiwan Semiconductor Manufacturing Co (TSMC) said on Tuesday (Aug 5) it had launched legal proceedings and taken disciplinary action against employees...
US explores better location trackers for AI chips, official says
[TAIPEI] The US is exploring ways to equip chips with better location-tracking capabilities, a senior official said, underscoring Washington’s effort to curtail the flow of semiconductors made by the...
Apac logistics sector sees dampened near-term outlook but long-term growth plans unfazed: CBRE
[SINGAPORE] Logistics occupiers across Asia-Pacific are looking beyond short-term market volatility and planning long-term investments, CBRE survey on Monday (Aug 4) indicated. The 2025 Asia-Pacific Logistics Occupier Survey found...
These are the 10 top-performing ETFs on SGX; Reit ETF AUM hits new high of S$1.2 billion
[SINGAPORE] Exchange-traded funds (ETFs) listed on the Singapore Exchange (SGX) have recorded net inflows of S$700 million in the first half of this year, according to the local bourse’s...
Claire’s skips rent payments, moving closer to bankruptcy filing
The retailer has struggled since a 2018 bankruptcy handed control to creditors including Elliott Management and Monarch Alternative CapitalPublished Tue, Aug 5, 2025 · 09:22 AM[NEW YORK] Claire’s Stores...
Broadcom launches Jericho chip to advance AI data centre networks
Building and deploying AI has become more computationally intensive and requires stringing together thousands of graphics processors (GPUs)Published Tue, Aug 5, 2025 · 08:33 AM[SAN FRANCISCO] Broadcom’s silicon division launched...
Figma sheds US$11 billion in market value days after blockbuster IPO
FieldCEO Dylan Field owns about 54.2 million the company shares worth about US$5 billion after selling 2.35 million shares in the IPOPublished Tue, Aug 5, 2025 · 07:43 AM[NEW...
Amazon to cut Wondery staff, reorganise audio business
[NEW YORK] Amazon.com is breaking up the operations of its Wondery podcast network as part of a broad reorganisation of the business.About 110 people will lose their jobs because...
